India faces a year of high government debt supply. This could keep borrowing costs up in the bond market. Finance Minister Nirmala Sitharaman’s budget may increase gross borrowing significantly. Large debt maturities and state government issuance are pushing yields higher. This may add pressure to the economy. The Reserve Bank of India is injecting liquidity.
India defies West Asia war concerns as Q4 GDP growth hits 7.8%; risks remain ahead
India’s economy surged by a better-than-expected 7.8% in the March quarter, exceeding forecasts and pushing FY26 growth to 7.7%. This robust performance was driven by